Gwynt y Môr Ofto’s £399m project bond gets £1bn book
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Gwynt y Môr Ofto’s £399m project bond gets £1bn book

Gwynt-y-Mor wind farm 230x150

Gwynt y Môr Ofto has issued a £399m bond to finance its £352m investment in the offshore transmission system for a 576MW windfarm off the north coast of Wales. The deal, which is supported by credit enhancement from the European Investment Bank, was nearly three times oversubscribed.

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